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Nov 30, 2012
11/12
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CNBC
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in nevada they made up 40% of october sales up from 34% a year ago. that according to lps home price index. now bank of america alone has done over 100,000 short sales so far this year. and i spoke to a rep there who says they are well aware of the potential looming tax risks as are their customers. they say they would love to ramp up short sales but they're already doing them as fast as they can. i ask what happens if the tax relief is not extended? the source told me i would expect we start to get more customers saying i've talked to my tax adviser and i'm going to opt out of that short sale and we'll just take it to foreclosure. and, carl, that is exactly not what we want to hear as this housing recovery is really just gaining steam. >> wow. in your opinion diana would we start to see that, the impact in sales of existing and starting in january? >> well, starting in january you would start to see those short sales go away and that would mean more homes would go to foreclosure. short sales have really been saving this market keeping people out of f
in nevada they made up 40% of october sales up from 34% a year ago. that according to lps home price index. now bank of america alone has done over 100,000 short sales so far this year. and i spoke to a rep there who says they are well aware of the potential looming tax risks as are their customers. they say they would love to ramp up short sales but they're already doing them as fast as they can. i ask what happens if the tax relief is not extended? the source told me i would expect we start...
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263
Nov 29, 2012
11/12
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CNBC
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he wants to make sure it doesn't kill nevada's fledgling recovery. later gillman takes it to a 30,000-acre industrial park he's built for facilities for walmart and toys "r" us. he says when it comes to the fallout for fiscal cliffing he says, quote, this is where the buck stop zmienlts know of anyone who doesn't like harry reid. he must be a great senator for people in nevada. >> he takes care of the state. >> it's a small state and he's very powerful and he looks out for nevada and that's why you have republicans say they don't agree with him but they like what he does -- >> were you comfortable sashaying in there, jane? >> this isn't my first rodeo. you know, actually once in the '80s -- well, i'm dating myself. i posed as a prostitute for a story in miami and i was on the street of biscayne bay and nobody would stop. it was very embarrassing. >> you didn't touch anything while you were there, did you? i saw you sort of -- >> i was not like that. no, no. it was very pleasant. they were professional. >> all right. never mind. you were very comable.
he wants to make sure it doesn't kill nevada's fledgling recovery. later gillman takes it to a 30,000-acre industrial park he's built for facilities for walmart and toys "r" us. he says when it comes to the fallout for fiscal cliffing he says, quote, this is where the buck stop zmienlts know of anyone who doesn't like harry reid. he must be a great senator for people in nevada. >> he takes care of the state. >> it's a small state and he's very powerful and he looks out for...
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187
Nov 16, 2012
11/12
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KTVU
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out in the west, california, nevada, phoenix, 3 really hard- hit areas, have really started to come back in full swing. market time there is under 30 days in a lot of areas. > > that is really high. they actually have bidding wars going on. > > yeah. a lot of people are really selling things really quickly out there. i like to say if it's priced right and it shows well, pretty much anywhere in the country that it's kind of hotter, it's selling really quickly. > > what do you look at though as anything worrisome? do you feel that we have now turned the corner, or might we still fall back into a housing recession? > > i think some areas we have to worry about are like the rust-belt areas or areas directly correlated with maybe employment. some areas with a little bit of higher unemployment still have a little bit of ways to go. the fact is, if you're not working, you're not going to be able to buy a house. > > so, you're glad you're in real estate right now. for a few years, a lot of people got out of the business because it was so glum. you really are sanguine. > > i think things are real
out in the west, california, nevada, phoenix, 3 really hard- hit areas, have really started to come back in full swing. market time there is under 30 days in a lot of areas. > > that is really high. they actually have bidding wars going on. > > yeah. a lot of people are really selling things really quickly out there. i like to say if it's priced right and it shows well, pretty much anywhere in the country that it's kind of hotter, it's selling really quickly. > > what do you...
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Nov 29, 2012
11/12
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. >>> "today" as the fiscal cliff looms are investors taking a gamble in nevada? >> there's not a lot of confidence out there now. rise above road trip, continuing coverage throughout the day on cnbc. >> welcome back to "squawk on the street," as we count down to the breaking news due out at the top of the hour, impending home sales are down. the price target now stands at 16 bucks a share, they are optimistic as we come to the january launch of blackberry. don't take into account the positive tail wind that blackberry will have. we have had a number of analysts out there recently who have raised their price targets as well as estimates and ratings. >> okay, let's get some breaking news now, on home stats. >> good morning, simon, we're here outside bankruptcy court in white plains new york for the latest in the saga of the hostess bankruptcy. liquidation, now the courtroom is reconvening to hear arguments about whether some 19 hostess executives should be getting a retention payout of $1.75 million, these so called bankruptcy bonuses. the interest is not necessari
. >>> "today" as the fiscal cliff looms are investors taking a gamble in nevada? >> there's not a lot of confidence out there now. rise above road trip, continuing coverage throughout the day on cnbc. >> welcome back to "squawk on the street," as we count down to the breaking news due out at the top of the hour, impending home sales are down. the price target now stands at 16 bucks a share, they are optimistic as we come to the january launch of...
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Nov 5, 2012
11/12
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CSPAN2
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. >> stay out west in nevada, third congressional district. >> joe heck, the congressman, this is the type of district the democrats should be challenging in if they wanted to win the majority. this is suburban las vegas clark county district come place where democrats should be doing very well. and write the democrats are having a tough time going after joe heck. democratic nominee is john, a former leader in the statehouse, but what's interesting is even though he has the influential position in the state legislature from its after talking talking about his record as a firefighter. they're not even mentioning that he's a politician because that label is not one to want to have. answer right now joe heck has the advantage that if democrats are having a better night than we expect, they would need to do better in this type of district's. california is a solid blue state for the president. but a couple of interesting house races in that state. >> well, california normally as handicappers we can almost ignore the state even though it's the largest state. there would have only been one o
. >> stay out west in nevada, third congressional district. >> joe heck, the congressman, this is the type of district the democrats should be challenging in if they wanted to win the majority. this is suburban las vegas clark county district come place where democrats should be doing very well. and write the democrats are having a tough time going after joe heck. democratic nominee is john, a former leader in the statehouse, but what's interesting is even though he has the...